New Shop Franchise in India: Cost & Process [Jan’25]

Gone are the days of spending hours hopping from store to store. Today, it’s all about having everything you need in one place, quick and easy. That’s the heart of what The New Shop delivers. 

With a drive for innovation and convenience, this brand is transforming the way Indians shop. Whether it’s a quick bite, daily essentials, or a last-minute purchase, The New Shop is becoming the go-to destination for the modern consumers. 

Let’s take a quick gander at how you can become a part of this transformative force.

 

New Shop Products & Offerings

Having proudly served over 5 million customers, The New Shop is not just a store, it’s a destination for all your needs. 

From essentials to indulgences, The New Shop stocks a staggering selection of 10,000 products spanning 1,000 trusted brands.

 

Vending Machine Price List in India

 

New Shop Outlets

From bustling cities to charming small towns, The New Shop is making its presence felt across India. With its roots in New Delhi, this ambitious startup has grown rapidly, now operating 160 stores across 35 cities.

The New Shop isn’t limited to malls, it’s now at key transit hubs like domestic airports, highways and railway stations, ensuring convenience is always close, wherever you travel.

 

Reasons to Choose a New Shop Franchise

  • Freedom to operate it in the way you want.
  • Fastest Payback
  • Highest ROI
  • No operational hassles
  • Low Investment
  • Customer Support

 

New Shop Franchise Cost & ROI

While the investments depend greatly upon the location, model type, footfall etc, here’s an estimate of the costing of a New Shop franchise-

A New Shop franchise operates on the FOFO (Franchise Owned, Franchise Operated) model.

The estimated cost of setting up a New Shop Franchise is INR 20 L + GST. This sum will include the franchise fee, marketing fee, furniture & fixtures, equipment including air conditioners, LEDs, kitchen equipment etc. 

Inventory costs are extra depending upon the requirements. 

 

Earnings from a New Shop Franchise

A New Shop franchise offers great industry margins and one of the lowest store setup costs alongside the following- 

  • Fastest payback time
  • Monthly return potential of INR 500 per square feet.
  • Breakeven achieved within the first 3 months of operations.

 

Steps to Apply for a New Shop Franchise

STEP 1: Visit the official website of New Shop.

STEP 2: On the official website of New Shop, you will come across a franchise form.

STEP 3: Fill the form with the necessary details and submit it.

STEP 4: The franchise application will then be reviewed by the New Shop team and you will be contacted if you fulfill the criterions to own a New Shop franchise.

STEP 5: If the franchise application is approved, the franchisee will be informed about the required documents and investments and a meeting will be scheduled.

STEP 6:  Signature the franchise agreement and become a part of the New Shop franchise.

STEP 7: Pay up the necessary fees.

STEP 8: With the ongoing and thorough assistance of the New Shop team, establish your very own franchise.

For further queries, you can contact The New Shop franchise team through the following email, info@thenewshop.in .

 

Eligibility Criterion 

  • Fluency in english.
  • Fluency in regional language.
  • 3 years ITR > Rs. 10 Lakhs
  • Retail Experience
  • Hospitality Experience
  • Pass comprehensive background checks
  • Management Experience
  • Cibil Score > 700
  • Graduate in any field (Minimum Education Qualification)
  • Entrepreneurial Mindset

 

Documents Required

  1. GST Registration
  2. Shop Act License
  3. Trade License
  4. Rental Agreement
  5. PAN Card
  6. Aadhar Card

Other documents may be asked for.

 

Afterword 

The New Shop isn’t just a retail brand but a movement towards redefining convenience in India. With its innovative approach and diverse offerings, it’s setting new benchmarks in the retail landscape. Becoming a franchise partner offers a unique opportunity to join this dynamic journey. With a proven model and a growing footprint, The New Shop is your chance to be part of the future of modern retail.

 

Author: Rahemeen Rizvi

Rahemeen Rizvi is a dedicated science enthusiast currently pursuing a BSc in Toxicology at Jamia Hamdard. With a keen interest in the intricacies of scientific study, she combines her academic pursuits with a passion for writing and calligraphy, bringing creativity and precision to her work. Her love for the sciences is matched by her artistic talents, making her a well-rounded individual in both her studies and creative endeavors.

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